PPP Loan information for Merp systems, inc.

$391,000

Merp systems, inc. was initially approved for PPP Loan of amount $391,000, the current approved amount is $391,000. The loan was approved on 04/14/2020 by The Citibank, N.A. reported 30 jobs and $391,000 was used to fund payroll.

Merp systems, inc. is Existing or more than 2 years old

MERP SYSTEMS, INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MERP SYSTEMS, INC.

Borrower Address

2201 Cooperative Way

Borrower City

HERNDON

Borrower State

VA

Borrower Zip

20171

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391000.00

Current Approval Amount

391000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HERNDON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20171-0001

CD

VA-11

Jobs Reported

30

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

335952.18

Forgiveness Date

12/09/2020

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